# IOI Honoraria Policy
Last updated: 2023-01-16
URL for this page: https://hackmd.io/@investinopen/honoraria
URL for this site: https://hackmd.io/@investinopen/how-we-work
This policy covers how IOI gives honoraria. How IOI employees, independent contractors, or consultants receive honoria from other parties and engagement will be detailed in a separate policy.
An honorarium is a one-time, token payment granted in recognition of an individual’s contribution to IOI’s work.
The types of activities for which honoraria may be offered include:
- Being a Community Council Core member;
- Participation in an IOI event as a speaker or panelist; and/or
- Participation in a research activity as a subject, guest researcher, or reviewer.
No honoraria from IOI can be offered to currently engaged IOI employees, independent contractors, or consultants. The recipient of the honorarium is not permitted to set the honorarium amount. The arrangement between the recipient and IOI should not involve an existing contract. Payment for honoraria is administered via Code for Science & Society, IOI’s fiscal sponsor.
Currently, IOI may offer:
- 500 USD for a keynote address at IOI-organized events;
- 300 USD/person/hour for participation as a speaker in an IOI-organized event with one speaker;
- 100 USD/person/hour for participation as a speaker/panelist in an IOI-organized event with more than one speaker;
- 1000 USD/year for Community Council Co-chairs;
- 500 USD/year for Community Council core members who are not Co-chairs.
- 75 USD/hour for an internal facing presentation for IOI staff
Individuals who are offered an honorarium can choose to donate the honorarium back to IOI’s work.
All honoraria must be approved by IOI’s Executive Director.
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Acknowledgement: This document is based in part on William & Mary's [Honorarium Policy](https://www.wm.edu/offices/financialoperations/announcements/honorariumpolicy.php) and Virginia Commonwealth University's [Honorarium](https://policy.vcu.edu/universitywide-policies/policies/honorarium.html) policy.
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## See also
* Archived copy of this page (via the Internet Archive's Wayback Machine): https://web.archive.org/web/*/https://hackmd.io/@investinopen/honoraria
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This page first published: 2022-05-11
###### tags: `about-us` `process`
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